How has the buying and selling of housing in Fountain Valley fared under President Obama?

With his eight years in the White House nearing an end, we wanted to see how the local residential real estate market changed since 2008. This period essentially encompasses the market's rebound from the Great Recession. Using CoreLogic data, we compared sales patterns from the 12 months ended in October vs. the full-year results for 2008.

Two other reverse mortgage lenders also were fined for false advertising, including El Segundo-based Aegean Financial, which caters to Spanish- and English-speaking borrowers in California under the names Jubilados Financial and Reverse Mortgage Professionals.

How has the buying and selling of housing in Laguna Beach fared under President Obama?

With his eight years in the White House nearing an end, we wanted to see how the local residential real estate market changed since 2008. This period essentially encompasses the market's rebound from the Great Recession. Using CoreLogic data, we compared sales patterns from the 12 months ended in October vs. the full-year results for 2008.

The number of “underwater” Orange County homes dwindled to 1.6 percent of all residences with a mortgage, the latest sign of how far the local housing market has come from the peak of the foreclosure crisis, CoreLogic’s latest report on home equity showed.

The report, released Thursday, found that 8,680 Orange County homes were under water in the third quarter this year – that is, worth less than was owed on their mortgage.

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.

RATE NEWS SUMMARY

From Freddie Mac’s weekly survey: The 30-year fixed rate continues to rise, landing at 4.13 percent, up 5 basis points from a week ago to the highest rate in over two years. The 15-year fixed moved to 3.36 percent, also a two-year high and up 2 basis pointsfromlast week.

How has the buying and selling of housing in and around Aliso Viejo fared under President Obama?

With his eight years in the White House nearing an end, we wanted to see how the local residential real estate market changed since 2008. This period essentially encompasses the market's rebound from the Great Recession. Using CoreLogic data, we compared sales patterns from the 12 months ended in October vs. the full year results for 2008.